Key Market Indicators
Brazilian imports of silver are expected to reach around $65.8 million by 2026, down 3.6% on average year on year from 2021's $83 million. The country ranked 12th in 2021, with the United Arab Emirates overtaking at $83 million. The US, UK and Japan were the next three, respectively. Since 2005, Brazilian silver supply has decreased by more than half, dropping 51.4% year on year.